Market Share of United Kingdom Plastic Packaging Industry
As the demand for plastic packaging has been increasing significantly in the United Kingdom, the market is mildly concentrated with the presence of major players like Amcor, Coveris Holding, Berry Global, Sealed Air Corporation, and Constantia Flexibles, among others.
In October 2022, Greiner Packaging UK and Ireland, which was celebrating its 50th anniversary in Dungannon, Northern Ireland, announced a GBP 10 million (USD 10.6 million) investment program and set a goal of GBP 100 million (USD 106.3 million) in revenue. The company also revealed plans to invest over GBP 10 million (about USD 10.6 million) in new machinery installation, a new manufacturing hall's commissioning, and an increase in the warehouse's capacity from 3,000 to 11,000 spaces. It produces almost five million plastic pots every day in Dungannon for significant dairy producers, including Dale Farm, Yeo Valley, Arla, and Irish Yogurts.
In September 2022, to assist businesses in achieving their sustainability objectives, Sealed Air created a variety of new protective packaging options under the BUBBLE WRAP brand that incorporate recycled content. To help businesses fulfill the rising need for packaging that is more environmentally friendly, three new inflatable films have been introduced that use 30% or 50% recycled plastic waste.
UK Plastic Packaging Market Leaders
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Amcor PLC
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Coveris Holding
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Berry Global
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Sealed Air Corporation
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Constantia Flexibles
*Disclaimer: Major Players sorted in no particular order